separation pay

Definition of "separation pay"
  1. Monetary compensation given to an employee who is permanently let go of his job without any wrongdoing on his part
How to use "separation pay" in a sentence
  1. She used the separation pay to manage her expenses until she found a new job.
  2. His separation pay helped in the transition period following the unexpected layoffs.
  3. He filed a claim to get his separation pay after the sudden termination of his services.

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